Harmony Gold to pay record interim dividend, extend life of Mponeng mine
Harmony Gold, South Africa’s leading gold miner by volume, said on Wednesday it will spend 7.9 billion rand ($410 million) to extend the life of Mponeng, the world’s deepest gold mine.
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Harmony Gold weighs CEO succession amid tilt to copper
Mining News Pro - Harmony Gold Mining boss Peter Steenkamp plans to retire at the end of next year as South Africa’s biggest gold producer by volume seeks new growth opportunities mining copper.
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Harmony Gold says profit boosted by better metal grades and prices
Mining News Pro - South Africa’s Harmony Gold expects profit for the six months to Dec. 31 to have risen by as much as 30%, it said on Thursday, with higher metal grades and prices offsetting increased production costs.
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Harmony Gold says profit boosted by better metal grades and prices
Mining News Pro - Harmony Gold expects profit for the six months to Dec. 31 to have risen by as much as 30%, it said on Thursday, with higher metal grades and prices offsetting increased production costs.
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Harmony Gold drops on profit slump
Mining News Pro - Shares of Harmony Gold fell 4% on Tuesday, after the South African company posted a 49% decline in profit and said it has paused a project to extend the mine life at its Tshepong operations, citing tough mining conditions and low grades.
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Harmony Gold cuts output forecast
Mining News Pro - South African miner Harmony Gold on Wednesday cut its forecast for annual gold production by 4% and made a similar increase to its cost guidance due to operational challenges at its Papua New Guinea mine.
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Big jump in earnings margin generates strong cash for Harmony Gold
Mining News Pro - Gold mining company Harmony Gold has delivered another strong set of operational results year-on-year on the back of the integration of AngloGold Ashanti assets into its portfolio and a stronger rand per kilogram gold price.
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Harmony Gold’s free operating cash soars
Mining News Pro - Gold mining company Harmony Gold on Tuesday reported 106% increase in operating free cash flows on a 25% improvement in the rand gold price.
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Harmony Gold EGM on $200m equity raise
Mining News Pro - Gold mining company Harmony Gold on Monday reminded shareholders that it would be conducting a virtual extraordinary annual general (EGM) meeting on Thursday, June 11.
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Harmony Gold targeting Covid test facilities on own mine premises
Mining News Pro - Gold mining company Harmony Gold is targeting the establishment of coronavirus testing facilities at its own premises to speed up the current two-day turnaround time.
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Harmony Gold’s nine underground mines cease operations
Mining News Pro - Mining has ceased at all of the nine underground gold mines of Harmony Gold, but the Johannesburg- and New York-listed company’s surface retreatment operations and opencast mine will continue to function, collectively producing between 650 kg and 700 kg in the 21-day lockdown period in response to the Covid-19 pandemic.
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Harmony Gold’s rebounding profits give hunt for acquisitions fresh impetus
Mining News Pro - South Africa’s Harmony Gold Mining reported a rebound in interim profits on Tuesday on the back of rising gold prices and said it was looking for acquisitions in its home market, elsewhere in Africa and Papua New Guinea.
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